Deductions; eligibility for following year
Sec. 36. (a) A person who receives a deduction provided under
section 26, 29, 33, 34, 34.5, or 38 of this chapter for a particular year
and who remains eligible for the deduction for the following year is
not required to file a statement to apply for the deduction for the
following year.
(b) A person who receives a deduction provided under section 26,
29, 33, 34, 34.5, or 38 of this chapter for a particular year and who
becomes ineligible for the deduction for the following year shall
notify the auditor of the county in which the real property or mobile
home for which the person received the deduction is located of the
person's ineligibility before March 31 of the year for which the
person becomes ineligible.
(c) The auditor of each county shall, in a particular year, apply a
deduction provided under section 26, 29, 33, 34, 34.5, or 38 of this
chapter to each person who received the deduction in the preceding
year unless the auditor determines that the person is no longer
eligible for the deduction.
As added by P.L.43-1984, SEC.4. Amended by P.L.41-1992, SEC.2;
P.L.10-1997, SEC.12; P.L.214-2005, SEC.13.
Last modified: May 28, 2006